The Principal Difference Between a Straight Bill of Lading and a Bill

question 44

Multiple Choice

The principal difference between a straight bill of lading and a bill of lading made to order is that

• A) a bill of lading made "to order" will allow a recipient to claim that they are defective, whereas a straight bill of lading will not.
• B) a bill of lading made "to order" names the owner of the goods, whereas a straight bill of lading does not.
• C) a bill of lading made "to order" will not allow a recipient to claim that they are defective, whereas a straight bill of lading will so allow.
• D) a bill of lading made "to order" names the person who has ownership of the goods in transit, whereas a straight bill of lading names only the buyer.
• E) a bill of lading made "to order" can be made out to anyone, whereas a straight bill of lading cannot.

---

Definitions:

Depreciation

The accounting method of allocating the cost of a tangible asset over its useful lifespan.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision or investment.

Tax Rate

The percentage at which an individual or corporation is taxed on their income or profits.

Market Value

The existing market price for buying or selling an asset or service.